Environmental Sciences, asked by seetham12, 4 months ago

Mention the 4 different concepts of deficits.

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Answered by shivajikaithi

Answer:

Budget deficit = total expenditure – total receipts. ... Fiscal Deficit = total expenditure – total receipts except borrowings. Primary Deficit = Fiscal deficit- interest payments. Effective revenue Deficit-= Revenue Deficit – grants for the creation of capital assets.

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